AUD/USD | Page 5382 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

AUD/USD

Similar Threads

EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 15 replies

EUR/USD, AUD/USD, and CAD/USD ready to move up 2 replies

Anyone here trading AUD/USD or USD/AUD tonight regarding AUS Home Loan Report? 1 reply

The AUD/USD 1.00 EUR/AUD 1.60 GBP/AUD 2.00 Thread! 0 replies

AUD Trade Balance and AUD Retail sales 6 replies

Attachments: AUD/USD
Exit Attachments

AUD/USD

  • #107,621
  • Jun 1, 2022 10:17am Jun 1, 2022 10:17am
0.723 appears to show strong resistance today
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD_2022-06-01_11-17-06.png Size: 34 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #107,622
  • Jun 2, 2022 1:18pm Jun 2, 2022 1:18pm
Apparently have broken through 0.7250 (50% Fibo) and will rise to 0.7340 (61.8% Fibo)
  • #107,623
  • Jun 2, 2022 7:56pm Jun 2, 2022 7:56pm
Tomorrow's move is gonna be huge.

Moderator how long am I going to have to reviewed for each thread?
THESE PEOPLE WITH COLORED BADGES ARE NOT PROFESSIONAL TRADERS
  • #107,624
  • Jun 5, 2022 11:44pm Jun 5, 2022 11:44pm
AUD/USD saw a strong rejection from resistance at its 200-day MA on Friday as the NFP report supported the greenback higher. The pair is currently threatening to break below 0.7200, and it should be interesting to see how the market reacts heading into/following Tuesday's RBA meeting.

An aggressive rate hike from the Australian central bank could spark another attempt to breakout above the 200-day line, while a dovish outcome would likely see it fall back towards the next support level around 0.7150.

All trading carries risk, but either way, this pair should be worth keeping on the watchlist for this week.
  • #107,625
  • Jun 6, 2022 3:46am Jun 6, 2022 3:46am
Quoting CityIndex
AUD/USD saw a strong rejection from resistance at its 200-day MA on Friday as the NFP report supported the greenback higher. The pair is currently threatening to break below 0.7200, and it should be interesting to see how the market reacts heading into/following Tuesday's RBA meeting. An aggressive rate hike from the Australian central bank could spark another attempt to breakout above the 200-day line, while a dovish outcome would likely see it fall back towards the next support level around 0.7150. All trading carries risk, but either way, this...
It may look like RBA don’t have the balls to hike 50 points. There is a broad sentiment suggesting RBA will under-hike by 25 points. That would be a strong dovish signal.
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #107,626
  • Jun 6, 2022 3:53am Jun 6, 2022 3:53am
Waiting to short this pair. in the next 5 to 8 min
Avoid what is Strong,Strike at what is Weak
  • #107,627
  • Jun 6, 2022 4:00am Jun 6, 2022 4:00am
Quoting magentfx
Waiting to short this pair. in the next 5 to 8 min

short @ 72306
Avoid what is Strong,Strike at what is Weak
  • #107,628
  • Jun 6, 2022 4:00am Jun 6, 2022 4:00am
Quoting magentfx
{quote} short @ 72306

posted in 3secs. Tp is 10pips
Avoid what is Strong,Strike at what is Weak
  • #107,629
  • Jun 6, 2022 4:05am Jun 6, 2022 4:05am
Quoting magentfx
{quote} posted in 3secs. Tp is 10pips
If it goes furthur up will place more shorts
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 4 KB
Avoid what is Strong,Strike at what is Weak
  • #107,630
  • Jun 6, 2022 4:40am Jun 6, 2022 4:40am
Quoting magentfx
{quote} If it goes furthur up will place more shorts {image}

Tp hit
Avoid what is Strong,Strike at what is Weak
  • #107,631
  • Jun 6, 2022 4:42am Jun 6, 2022 4:42am
Quoting magentfx
{quote} Tp hit
Attached Image (click to enlarge)
Click to Enlarge Name: eu.png Size: 4 KB
Avoid what is Strong,Strike at what is Weak
  • #107,632
  • Jun 6, 2022 8:00am Jun 6, 2022 8:00am
Let's see what happens tomorrow

Attached Image (click to enlarge)
Click to Enlarge Name: 2022-06-06_22-58-20.jpg Size: 91 KB
It takes a lot for me to IGNORE you, but you can try.
  • #107,633
  • Jun 6, 2022 11:51pm Jun 6, 2022 11:51pm
The RBA surprised markets yet again, hiking rates by 50bps and taking the cash rate up to 0.85%- its highest level since September 2019.

The pair soared on the news to reclaim 0.7200, but has already pared a lot of those gains and is currently is testing a move back below this key psychological level.

All trading carries risk, but with US inflation data at the end of the week, it will be interesting to see if the Aussie Dollar can move higher, or speculation of a strong print sees USD continued to be supported.
  • #107,634
  • Jun 10, 2022 9:55pm Jun 10, 2022 9:55pm
it maybe down to 0.68
  • #107,635
  • Jun 13, 2022 7:07am Jun 13, 2022 7:07am
Quoting ForexGoose
0.723 appears to show strong resistance today {image}
maybe 0.68 is a possible target in the near-term
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD_2022-06-13_08-07-00.png Size: 38 KB
don't believe in mumbo jumbo from gurus & charlatans, don't pay them money
  • #107,636
  • Jun 16, 2022 11:26am Jun 16, 2022 11:26am
FIGURES IT'S BEEN THREE DAYS SINCE THE LAST POST HERE.

Just goes to show the lack of activity in the currency markets now. It doesn't help that most of you are trading tiny positions and price just meanders to one level to another looking for orders to execute...Just horrible for trading.

The Dollar is a even more of a book end/door stop than an actual currency to trade now.

There's a SHITTLOAD of sell orders at 6990 that's protecting the downside from there. If you don't understand fx market making this won't make any sense to you.

If your short from there you're taking an ass rape and get ready for more. if it breaks 7035 area.
THESE PEOPLE WITH COLORED BADGES ARE NOT PROFESSIONAL TRADERS
  • #107,637
  • Jun 16, 2022 9:31pm Jun 16, 2022 9:31pm
This is more a fundamentals question, but can anyone explain why rate rises above expectations are causing opposite moves in the markets?

E.g. RBA shocks everyone raises rates by 75 bps - AUD tanks

Fed raises rates 75bps also shocking some - USD tanks

Economically speaking, these should strengthen the currency not weaken it. What am I missing?
  • #107,638
  • Jun 16, 2022 10:41pm Jun 16, 2022 10:41pm
Quoting split41
This is more a fundamentals question, but can anyone explain why rate rises above expectations are causing opposite moves in the markets? E.g. RBA shocks everyone raises rates by 75 bps - AUD tanks Fed raises rates 75bps also shocking some - USD tanks Economically speaking, these should strengthen the currency not weaken it. What am I missing?
Rate hikes are usually very carefully calculated in terms of how much profit the banking system should make and how much of a beating the economy can deal with.
Too high rents can and will hurt the economy. It is like to cool down the economy.
1. It makes it difficult to get and maintain a loan. This affects everybody (private and public).
2. Building new houses goes down.
3. Purchase new cars goes down.
4. Starting new businesses goes down.

etc. etc. and all because the rents are too high.

All this slows down the economy and makes the country less attractive to investors.

I hope this makes sense.

BTW there’s a good thing coming out of this. Low currency value helps to increase the export.
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #107,639
  • Jun 17, 2022 7:54am Jun 17, 2022 7:54am
H4 MACD is turning bullish.
Right now the price is at a support from 27 of January 2022.
AUDUSD went up 660 pips from that level.

So MACD in H4 TF is currently turning bullish again the same way it did on 27. Jan. 2022.

Not a trading advice. Just my observation.
No username yet? You are on my ignore list. Fuck off and do not quote me!
  • #107,640
  • Jun 18, 2022 1:42am Jun 18, 2022 1:42am
The pair may continue its bearish move. The level of 0.68500 may hold the price as a level of support and push the price towards the upside. A bearish breakout at that level may make the pair go towards the South further.
36 traders viewing now